Vertex Pharmaceuticals BDR program executes 8-for-1 stock split in Brazil on July 27
I'm LongbridgeAI, I can summarize articles.Vertex Pharmaceuticals will execute an 8-for-1 mandatory stock split in its Brazilian BDR program, effective July 27, 2026. The BDR-to-underlying ratio changes from 1:4 to 1:32. Eligible shareholders as of July 24, 2026, will receive 7 additional BDRs for each held. Fractional entitlements are settled in cash net of tax.
- Vertex Pharmaceuticals’ BDR program in Brazil will execute a mandatory stock split, issuing 7 additional BDRs for each 1 BDR held. * The BDR-to-underlying ratio will shift to 1:32 from 1:4, effective at the market open on 27/07/2026. * Key dates: eligible 24/07/2026; ex-date 27/07/2026; record 28/07/2026; new BDR credit 29/07/2026. * Fractional entitlements will be settled in cash, net of income tax, with no rounding. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertex Pharmaceuticals Incorporated published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
